NOTIFICATION NO. 16/2006, DATED 3-2-2006
S.O. (E).- Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.1084(E) dated the 11th October, 2002, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 1, for Prayas Juvenile Aid Centre, Delhi by Prayas Juvenile Aid Centre, Flat No.l-X, Block No.F, Jahangirpuri, Delhi-110033, as an eligible project or scheme for a period of three years beginning with assessment year 2003-2004;
And whereas the said project or scheme is likely to extend beyond three years;
And whereas the National Committee for Promotion of Social and Economic Welfare, being satisfied that the said project or scheme is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 for specifying the said project or scheme for a further period of three years;
Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project for Prayas Juvenile Aid Centre, Delhi which is being carried out by Prayas Juvenile Aid Centre, Flat No.l-X, Block No.F, Jahangirpuri, Delhi-110033, without any change in the approved estimated cost i.e. Rs.324.68 lakhs, as an eligible project or scheme for a further period of three years commencing from the financial year 2005-2006.
